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Bid to liquidate Zuma, Mandela firm

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Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.

Gold, platinum syndicate bust

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An illegal syndicate which exported gold and platinum has been broken up and eight people, including two policemen, have been arrested.

Galaxy eyes JSE debut this year

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Miner Galaxy Gold says it expects to resolve problems with mining rights and list after the middle the year.

Harmony banks on growth projects

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Harmony Gold says a shaft accident at one its mines is likely to affect production but growth products will contribute to output.

DRDGold output up 7pct, costs 11pct lower

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DRDGold expects production for the December quarter to be higher, thanks in part to an improved performance at the Blyvoor underground operation.

Silver prices slide to 7-week low

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Silver prices have suffered from a dearth of investment demand and gains in the dollar.

Mineworker dies at Harmony’s Bambanani mine

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A winch operator has died at Harmony Gold's Bambanani mine in the Free State after a ground fall, the National Union of Mineworkers says.

Great Basin’s Burnstone mine up and running

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Great Basin Gold says in a Q4 2010 production update that its Burnstone Mine in South Africa had commenced with production build-up.

Gold rises for third straight day

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Spot gold is on course for a third consecutive day of gains, supported by dollar weakness and physical buying, while platinum has hit a 30-month high.

Gold and gold shares to rise this year

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The recent pullback in the gold price has sent some shivers through the market but a number of experienced analysts remain bulllish both on the metal and on gold equities.